$7,290,000
For Sale

828 Coronado Court

San Diego, CA 92109
0.17 acres | #OC25033479
Listing OfficeNorthMarq Realty Services, Inc
Type:Multi-Family
Structure:House
Zone:Residential

Description

Bayfront Villas offers a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner user plus rental. The property can be operated immediately as a short-term rental if the owner resides in the property for at least nine months out of the year. In order to obtain a short-term rental permit, non owner occupied, an application must be made and be placed on the waiting list. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.

  • Property Details
      • SubdivisionMission Beach
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$7,290,000
      • MLS #OC25033479
      • MLS #OC25033479
      • CountySan Diego
      • Property SubtypeApartment
      • Cost7290000
      • Acres0.1652
      • Utility SourcePublic
      • Year Built1965
      • Stories2
      • Parking Spaces5

Location

Susannah HogentoglerReal Estate Group

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